Cyprus: Television Receiver Market 2020

Television Receiver Market Size in Cyprus

The revenue of the television receiver market in Cyprus amounted to $X in 2018, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, television receiver consumption continues to indicate a modest increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the television receiver market reached its maximum level at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Television Receiver Exports

Exports from Cyprus

In 2018, approx. X units of television receivers were exported from Cyprus; waning by -X% against the previous year. In general, television receiver exports continue to indicate a drastic descent. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Cyprus exports peaked at X units in 2017, and then declined slightly in the following year.

In value terms, television receiver exports amounted to $X in 2018. Overall, television receiver exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Cyprus exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

China dominates television receiver exports structure, amounting to X units, which was near X% of total exports in 2018. It was distantly followed by Mexico (X units), committing an X% share of total exports. The following exporters - Poland (X units), the U.S. (X units), Slovakia (X units), Thailand (X units), Mauritius (X units), Indonesia (X units), Vietnam (X units), Hungary (X units) and South Korea (X units) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to television receiver exports from China stood at +X%. At the same time, Mauritius (+X%), Vietnam (+X%), the U.S. (+X%), Indonesia (+X%), Poland (+X%), Thailand (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, South Korea (-X%), Hungary (-X%) and Slovakia (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), the U.S. (+X p.p.), Mexico (+X p.p.), Mauritius (+X p.p.), Poland (+X p.p.) and Vietnam (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Mexico ($X) and Slovakia ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Poland, the U.S., Hungary, Vietnam, South Korea, Indonesia, Thailand, Mauritius and Cyprus lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the television receiver export price in Cyprus amounted to $X per unit, going up by X% against the previous year. Over the period under review, the television receiver export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2012 an increase of X% against the previous year. Cyprus export price peaked at $X per unit in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Slovakia ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Slovakia, while the other leaders experienced more modest paces of growth.

Television Receiver Imports

Imports into Cyprus

In 2018, the television receiver imports into Cyprus stood at X units, jumping by X% against the previous year. In general, the total imports indicated a measured increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Cyprus imports peaked at X units in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, television receiver imports stood at $X in 2018. Over the period under review, television receiver imports continue to indicate a measured shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, television receiver imports reached their maximum at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units) represented the key importer of television receivers, constituting X% of total imports. It was distantly followed by India (X units), Germany (X units) and Mexico (X units), together comprising a X% share of total imports. The UK (X units), France (X units), the Netherlands (X units), China, Hong Kong SAR (X units), Italy (X units), Japan (X units), Spain (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of television receivers imports. At the same time, India (+X%), Mexico (+X%), Japan (+X%), China, Hong Kong SAR (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. France, Germany, Italy and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Spain (-X%) and the UK (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of India and Mexico increased by +X% and +X% percentage points, while the UK (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported television receivers into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

In the U.S., television receiver imports plunged by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (-X% per year) and the UK (-X% per year).

Import Prices by Country

The television receiver import price in Cyprus stood at $X per unit in 2018, lowering by -X% against the previous year. In general, the television receiver import price continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by X% y-o-y. Over the period under review, the import prices for television receivers attained their maximum at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per unit), while China, Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform